Lawrence H. White
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Distinguished Senior Fellow, F. A. Hayek Program for Advanced Study in Philosophy, Politics and EconomicsProfessor of Economics, George Mason University
Dr. Lawrence H. White is a Distinguished Senior Fellow with the F.A. Hayek Program for Advanced Study in Philosophy, Politics, and Economics at the Mercatus Center at George Mason University, a Senior Fellow at the Cato Institute’s Center for Monetary and Financial Alternatives, and a Retired Faculty member at George Mason University.
He holds a PhD in Economics from the University of California, Los Angeles and an AB from Harvard University. Formerly, he was the F.A. Hayek Professor of Economic History in the Department of Economics at the University of Missouri-St. Louis, a Visiting Professor at the Queen's School of Management and Economics, Queen's University of Belfast, and a Visiting Scholar at the Federal Reserve Bank of Atlanta.
He is the author of numerous books, including Better Money: Gold, Fiat, or Bitcoin? (Cambridge University Press, 2023), The Theory of Monetary Institutions (Blackwell, 1999), Free Banking in Britain (2nd ed., IEA, 1995), and Competition and Currency (NYU Press, 1989). He is the editor of several works, including The History of Gold and Silver (3 vols., Pickering and Chatto, 2000), The Crisis in American Banking (NYU Press, 1993), African Finance: Research and Reform (ICS Press, 1993), and Free Banking (3 vols., Edward Elgar, 1993).
His articles on monetary theory and banking history have appeared in the American Economic Review, the Journal of Economic Literature, the Journal of Money, Credit, and Banking, and other leading professional journals. He is Co-Editor of Econ Journal Watch and the host of the bi-monthly podcast EJW Audio, where he interviews authors of recent EJW articles and related issues.
For further publications by White, visit his website.
Latest Work
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- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
In search of a self-regulating monetary order: An essay review of Jacques Rueff's The Social Order
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- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
W.H. Hutt on Keynesianism and the microfoundations of monetary theory
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- | Monetary Policy Monetary Policy
- | Feature Feature
Sound Money and Growth or Inflation and Social Unrest in the Historical Context | Echelon
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- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
Should the Federal Reserve raise its inflation target?
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- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
How Adam Smith's banking views influenced Hamilton, Jefferson, and the debate over the Bank of the United States
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- | F. A. Hayek Program F. A. Hayek Program
- | Mercatus Podcasts Mercatus Podcasts
- | Hayek Program Podcast Hayek Program Podcast
"Better Money: Gold, Fiat, or Bitcoin?" Book Panel
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- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
Classical Liberal Perspectives on Banking and Financial Regulation
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- | Podcast Appearance Podcast Appearance
Currencies and Better Money | “The Great Antidote”
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- | F. A. Hayek Program F. A. Hayek Program
- | Books Books
Better Money: Gold, Fiat, or Bitcoin?
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- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
Book Review: The Lords of Easy Money: How the Federal Reserve Broke the American Economy
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- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
Needed: A Federal Reserve Exit from Preferential Credit Allocation
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- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
The Federal Reserve System's Overreach into Credit Allocation
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- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
What Economics Can and Cannot Say About Egalitarian Redistribution
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- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
Liberalism in India
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- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
Extended Shareholder Liability as a Means to Constrain Moral Hazard in Insured Banks
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- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
The Market for Cryptocurrencies
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- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
The Merits and Feasibility of Returning to a Commodity Standard
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- | F. A. Hayek Program F. A. Hayek Program
- | Books Books
Renewing the Search for a Monetary Constitution
Reforming Government's Role in the Monetary System
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- | F. A. Hayek Program F. A. Hayek Program
- | Book Chapters Book Chapters
Free Banking in History and Theory
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- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
Hayek and Contemporary Macroeconomics
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- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Worldly Philosopher: The Odyssey of Albert O. Hirschman
Jeremy Adelman -
- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Stability in the Financial System
Dimitri B. Papadimitriou -
- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Culture and Currency: Cultural Bias in Monetary Theory and Policy
John William Houghton -
- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Thomas Tooke: Pioneer of Monetary Theory
Arie Arnon -
- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Competitive Monetary Reform
A Review Essay
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- | F. A. Hayek Program F. A. Hayek Program
- | TV Appearance TV Appearance
Lawrence H. White on the History and Prospects of Private Money
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- | F. A. Hayek Program F. A. Hayek Program
- | TV Appearance TV Appearance
Lawrence White Explains Hayek's View on Handling Recessions
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- | F. A. Hayek Program F. A. Hayek Program
- | Podcast Appearance Podcast Appearance
Lawrence White Podcast on EconTalk: The Clash of Economic Ideas
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- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Ending the Federal Reserve System’s Overreach into Credit Allocation
Testimony Before the Subcommittee on Monetary Policy and Trade House Committee on Financial Services -
- | Monetary Policy Monetary Policy
- | Federal Testimonies Federal Testimonies
The Federal Reserve and the Rule of Law
Testimony Before the House Committee on Financial Services -
- | Monetary Policy Monetary Policy
- | Federal Testimonies Federal Testimonies
Fractional Reserve Banking
Testimony Before the House Subcommittee on Domestic Monetary Policy and Technology
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- | Monetary Policy Monetary Policy
- | Feature Feature
Sound Money and Growth or Inflation and Social Unrest in the Historical Context | Echelon
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- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Is This the End of the Line for Bitcoin-for-Cash Sales?
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- | F. A. Hayek Program F. A. Hayek Program
- | Event Video Event Video
The Evolution of Money, Banking, and Central Banking | Lawrence H. White
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- | F. A. Hayek Program F. A. Hayek Program
- | Event Video Event Video
Business Cycles and the Great Recession | Lawrence H. White
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- | F. A. Hayek Program F. A. Hayek Program
- | Event Video Event Video
Lawrence White Speaks on Dollarization at Universidad de San Fransisco de Quito
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- | F. A. Hayek Program F. A. Hayek Program
- | Event Video Event Video
Lawrence White Discusses "The Federal Reserve’s Track Record on Macro Stabilization" at Heritage
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- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Recent Arguments Against the Gold Standard
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- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Is It Time To End the Federal Reserve?
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- | Expert Commentary Expert Commentary
Book Review: The Clash of Economic Ideas
-
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
In search of a self-regulating monetary order: An essay review of Jacques Rueff's The Social Order
-
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
W.H. Hutt on Keynesianism and the microfoundations of monetary theory
-
- | Monetary Policy Monetary Policy
- | Feature Feature
Sound Money and Growth or Inflation and Social Unrest in the Historical Context | Echelon
-
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
Should the Federal Reserve raise its inflation target?
-
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
How Adam Smith's banking views influenced Hamilton, Jefferson, and the debate over the Bank of the United States
-
- | F. A. Hayek Program F. A. Hayek Program
- | Mercatus Podcasts Mercatus Podcasts
- | Hayek Program Podcast Hayek Program Podcast
"Better Money: Gold, Fiat, or Bitcoin?" Book Panel
-
- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
Classical Liberal Perspectives on Banking and Financial Regulation
-
- | Podcast Appearance Podcast Appearance
Currencies and Better Money | “The Great Antidote”
-
- | F. A. Hayek Program F. A. Hayek Program
- | Books Books
Better Money: Gold, Fiat, or Bitcoin?
-
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
Book Review: The Lords of Easy Money: How the Federal Reserve Broke the American Economy
-
- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
Needed: A Federal Reserve Exit from Preferential Credit Allocation
-
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
The Federal Reserve System's Overreach into Credit Allocation
-
- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
What Economics Can and Cannot Say About Egalitarian Redistribution
-
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
Liberalism in India
-
- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
Extended Shareholder Liability as a Means to Constrain Moral Hazard in Insured Banks
-
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
The Market for Cryptocurrencies
-
- | F. A. Hayek Program F. A. Hayek Program
- | Journal Articles Journal Articles
The Merits and Feasibility of Returning to a Commodity Standard
-
- | F. A. Hayek Program F. A. Hayek Program
- | Books Books
Renewing the Search for a Monetary Constitution
Reforming Government's Role in the Monetary System
-
- | F. A. Hayek Program F. A. Hayek Program
- | Book Chapters Book Chapters
Free Banking in History and Theory
-
- | F. A. Hayek Program F. A. Hayek Program
- | Working Papers Working Papers
Hayek and Contemporary Macroeconomics
-
- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Worldly Philosopher: The Odyssey of Albert O. Hirschman
Jeremy Adelman -
- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Stability in the Financial System
Dimitri B. Papadimitriou -
- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Culture and Currency: Cultural Bias in Monetary Theory and Policy
John William Houghton -
- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Thomas Tooke: Pioneer of Monetary Theory
Arie Arnon -
- | F. A. Hayek Program F. A. Hayek Program
- | Essays Essays
Competitive Monetary Reform
A Review Essay
-
- | F. A. Hayek Program F. A. Hayek Program
- | TV Appearance TV Appearance
Lawrence H. White on the History and Prospects of Private Money
-
- | F. A. Hayek Program F. A. Hayek Program
- | TV Appearance TV Appearance
Lawrence White Explains Hayek's View on Handling Recessions
-
- | F. A. Hayek Program F. A. Hayek Program
- | Podcast Appearance Podcast Appearance
Lawrence White Podcast on EconTalk: The Clash of Economic Ideas
-
- | Financial Markets Financial Markets
- | Federal Testimonies Federal Testimonies
Ending the Federal Reserve System’s Overreach into Credit Allocation
Testimony Before the Subcommittee on Monetary Policy and Trade House Committee on Financial Services -
- | Monetary Policy Monetary Policy
- | Federal Testimonies Federal Testimonies
The Federal Reserve and the Rule of Law
Testimony Before the House Committee on Financial Services -
- | Monetary Policy Monetary Policy
- | Federal Testimonies Federal Testimonies
Fractional Reserve Banking
Testimony Before the House Subcommittee on Domestic Monetary Policy and Technology
-
- | Monetary Policy Monetary Policy
- | Feature Feature
Sound Money and Growth or Inflation and Social Unrest in the Historical Context | Echelon
-
- | Financial Markets Financial Markets
- | Expert Commentary Expert Commentary
Is This the End of the Line for Bitcoin-for-Cash Sales?
-
- | F. A. Hayek Program F. A. Hayek Program
- | Event Video Event Video
The Evolution of Money, Banking, and Central Banking | Lawrence H. White
-
- | F. A. Hayek Program F. A. Hayek Program
- | Event Video Event Video
Business Cycles and the Great Recession | Lawrence H. White
-
- | F. A. Hayek Program F. A. Hayek Program
- | Event Video Event Video
Lawrence White Speaks on Dollarization at Universidad de San Fransisco de Quito
-
- | F. A. Hayek Program F. A. Hayek Program
- | Event Video Event Video
Lawrence White Discusses "The Federal Reserve’s Track Record on Macro Stabilization" at Heritage
-
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Recent Arguments Against the Gold Standard
-
- | Monetary Policy Monetary Policy
- | Expert Commentary Expert Commentary
Is It Time To End the Federal Reserve?
-
- | Expert Commentary Expert Commentary
Book Review: The Clash of Economic Ideas